Tuesday, March 17, 2009

5 Message Killers You Must Avoid In Marketing

When learning from others, one of the best things to learn from them is their mistakes.The following is a list of the five most common mistakes made by marketers everywhere.

The #1 Killer - Stressing Image Over Substance


Image advertising is all about you and your business.

How great you are, your qualifications, years in business, full-service product line, etc.But your prospects do not care about you, they care about themselves.Anyone reading or listening to your ad has one question in mind:What is in it for me?Simply put, an image ad has no way to track results.Its goal is to keep the company name in front of the public and often tries very hard to be clever.Watch any beer and soft drink commercials and you will know what I mean.By contrast, a direct response ad is trackable using codedresponses like: ask for John Miller.You know exactly which ads prospects are responding to.This helps you measure the effectiveness of each ad.

Killer #2 Not Taking Time To Educate


Your main objective should be to educate your prospect using several steps.

Your first ad should get their attention and spark their interest enough to contact you.Your next may be purely educational.If your prospect still does not bite, your next step should be to provide more information using follow-up marketing techniques.

High-ticket items require an extensive one-on-one educational and sales process.Your prospect needs to be educated about the benefits of your products or services, their options, why yours is better than your competition, why you are charging the price you charge, and a host of other things.Lower-priced items can be sold in a one- step model and in many cases they have to be because an extended multiple step marketing campaign is too expensive to run.The trick is to give your prospect a reason to continue investigating your offer in the first advertisement.

Killer #3 - Not Explaining the Price


If you price is very low why?

If your price is very high why?These questions need to be answered in the minds of your prospects in order for them to be comfortable with how much they will pay.If you are going to advertise a low price, give your prospect a reason why.Price is one of the primary factors that motivate a prospect to call or visit your store.Throwing your price out there with no explanation (justification), especially if it is a high price, is suicide.Your prospect must be given a reason WHY your price is what it is at the same time as they learn that price.

Killer #4 - Bowing to Public Opinion


I am going to be very brief and to the point about this mistake.

You should not care what your friends and family think about your ads.What is important is what your customers think about your ads and the only way to find that out is by letting them vote with their wallet.Full stop!

Killer #5 - Forgetting to Track and Test


There is no worse, no costlier mistake than not tracking and evaluating the results of your ads.

Not tracking your ads is like stumbling around in the dark.If you do not test your ads, you will never know how much money you may be leaving on the table!Your business simply can not afford this kind of guesswork.


About the Author

Strategies like that can explode your small business quickly, that's why I'd suggest you go right now to http://www.

freemarketingbook.org and request a copy of Jonathan Jay's new book "Marketing Secrets of a Multi-Millionaire Entrepreneur"

Copyright SuccessTrack 2009



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Wednesday, August 13, 2008

The Keys to Developing Successful Marketing Strategies

A successful marketing strategy is judged by how effectively it can be used. Many people know that a successful marketing strategy puts a lot of different factors into consideration and uses these factors as a collective.

There are, however, five main keys to developing successful marketing strategies. Every successful entrepreneur will tell you that these five always play a part in the development of a successful marketing strategy:

1) Strengths - A successful marketing strategy always considers the various strengths that a company has. These strengths should be present within the company and the company should be able to use it in order to achieve the desired goal. It is clear that every company has strengths which it could use to gain advantages over the competition. These strengths could range from having more resources to having more experience. The strategy must utilize the strengths to the maximum. Every effort expended should be directed towards the achievement of the goal.

2) Weaknesses - Just as every company has strengths, every company also has its weaknesses. A successful marketing strategy needs to take these weaknesses into account and help people overcome them. A successful marketing strategy should be realistic regarding its weaknesses in order to truly be effective.

Successful marketing strategies have often turned potential weaknesses into strengths. Anything is possible with the right manipulation of a company's strength. By taking account of the potential weaknesses, a company will be able to find ways of coping for those weaknesses. They could actually remedy those weaknesses and make sure that they will not be the downfall of the company.

3) Opportunities - Successful marketing strategies have always taken advantage of every available opportunity for advancement. By taking account of existing opportunities, a company will be looking at the various stepping stones that it can use in order to achieve success. Various opportunities are always available in a market.

However, these opportunities are often shrouded and need a keen eye and a good sense to take advantage of them. In taking advantage of opportunities, however, the company must not lose sight of the main goal through which it can measure success.

4) Threats - Since the market contains opportunities for the company, it should also be mentioned that it does contain threats. People should be aware of any potential even that could bring a company to its knees.

Successful marketing strategies have always included methods of riding out these threats and adapting to them in such a way that they will endure them. The most successful marketing strategies, in fact, have actually been able to turn these threats into opportunities. Take BMW for example: when it was faced with the threat of being forbidden to manufacture airplanes, it took to manufacturing cars. That's a great way of turning a threat into an opportunity.

5) Implementation - A marketing strategy needs to be implemented in order to be successful. The implementation is the final test of how successful a marketing strategy actually is. It could be clever, it could be simple, it could be cunning, and it could be obvious. The successful marketing strategy is always implemented. Without this final test, the marketing strategy is just a marketing strategy. Success is determined by the use, not by the design.

These are the five keys to a successful marketing strategy. Mark them well, for they might help you to achieve success someday.


About the Author

Daegan Smith Is And Expert Online Marketer

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